Pakistan will repay $2 billion to the United Arab Emirates (UAE) by the end of April, officials told ProPakistani on Friday.
The funds, held as a deposit with the State Bank of Pakistan (SBP), have previously been rolled over for short-term periods but will now be returned as UAE reels from regional war pressures.
The government has been paying roughly 6 percent interest on the deposit. Traditionally, the UAE extended the rollover annually, but the last few payments were limited to monthly extensions only.
Deputy Prime Minister Ishaq Dar secured a temporary rollover until April 17, 2026, after talks with senior UAE officials. However, the UAE has requested the immediate return of the funds.
This $2 billion forms part of $3 billion provided by the Abu Dhabi Fund for Development in three separate tranches. Two tranches were briefly rolled over earlier this year, while the third $1 billion tranche is set to mature in July 2026.
Pakistan is also seeking rollovers of nearly $12 billion in external deposits this fiscal year, including $9 billion from Saudi Arabia and China.
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